Catalog
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| Issuer | Government of Ajman |
|---|---|
| Year | 1970 |
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| In circulation to | 1973 |
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| Obverse description | Central raised circle encloses the denomination expressed in both Arabic numeral (١) above the Arabic word ريال and the Western numeral 1 above the Latin legend RIYAL. The Arabic circular legend حُكُومَة عَجمَان وَتوابعهَا arcs across the upper field outside the central circle, while the Latin legend GOVERNMENT OF AJMAN & ITS DEP. runs along the lower periphery. Two five-pointed stars flank the Arabic legend as decorative stops, and a beaded border frames the entire design. |
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| Reverse script | Arabic, Latin |
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| Additional information |
Ajman, smallest of the Trucial States by both area and population, issued coinage in 1969–1970 almost entirely for the collector and bullion market rather than any genuine domestic circulation. The sheikdom had no meaningful monetary infrastructure of its own — the Qatar and Dubai Riyal served daily commerce. These issues were produced under license by foreign minting agents and sold directly to dealers, a practice common among the smaller Gulf states in the lead-up to federation.
The KM#1.2 variant is distinguished by its three-date format, a deliberate marketing choice to broaden appeal across different collector markets simultaneously. Ajman joined the UAE in 1971, ending its brief career as an independent issuing authority.